US Laws, Codes, Statutes & Cases

     290.03 Income tax; imposition, classes of taxpayers. 

    An annual tax for each taxable year, computed in the manner 
 and at the rates hereinafter provided, is hereby imposed upon 
 the taxable income for such year of the following classes of 
 taxpayers: 

    (1) Resident and nonresident individuals; 

    (2) Estates of decedents, dying domiciled within or without 
 this state; 

    (3) Trusts (except those taxable as corporations) however 
 created by residents or nonresidents or by domestic or foreign 
 corporations. 

    HIST: (2394-3) 1933 c 405 s 3; Ex1937 c 49 s 3; 1941 c 550 s 
 1; 1945 c 410 s 1; Ex1957 c 1 art 3; 1963 c 587 s 1; 1967 c 577 
 s 1; 1971 c 769 s 2; 1973 c 711 s 3; 1975 c 349 s 29; 1977 c 376 
 s 13; 1980 c 419 s 2; 1982 c 523 art 1 s 5; 1987 c 268 art 1 s 
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Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.